Capital One Financial (NYSE:COF) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Capital One Financial Co. (NYSE:COF)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $156.17 and traded as high as $179.30. Capital One Financial shares last traded at $177.93, with a volume of 1,725,975 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on COF shares. JPMorgan Chase & Co. increased their price objective on shares of Capital One Financial from $162.00 to $186.00 and gave the stock a “neutral” rating in a research report on Monday, December 9th. The Goldman Sachs Group lifted their price objective on Capital One Financial from $182.00 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Bank of America lowered Capital One Financial from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $203.00 to $200.00 in a research note on Monday, December 9th. Barclays raised their target price on Capital One Financial from $154.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. Finally, Robert W. Baird boosted their price target on shares of Capital One Financial from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $171.50.

View Our Latest Research Report on COF

Capital One Financial Price Performance

The firm has a market capitalization of $68.03 billion, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 1.36 and a beta of 1.45. The stock’s fifty day moving average price is $179.95 and its two-hundred day moving average price is $156.48. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78.

Capital One Financial (NYSE:COFGet Free Report) last posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $4.51 earnings per share for the quarter, beating analysts’ consensus estimates of $3.70 by $0.81. The company had revenue of $10 billion for the quarter, compared to analysts’ expectations of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. Capital One Financial’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $4.45 earnings per share. Equities research analysts expect that Capital One Financial Co. will post 13.54 EPS for the current year.

Capital One Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 14th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date was Thursday, November 14th. Capital One Financial’s dividend payout ratio (DPR) is 22.66%.

Insider Activity at Capital One Financial

In other Capital One Financial news, insider Frank G. LapradeIii sold 15,751 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total value of $2,520,160.00. Following the completion of the sale, the insider now owns 44,711 shares in the company, valued at approximately $7,153,760. The trade was a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kara West sold 721 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $184.73, for a total transaction of $133,190.33. Following the transaction, the insider now owns 12,929 shares in the company, valued at approximately $2,388,374.17. This trade represents a 5.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,007 shares of company stock valued at $4,982,647 over the last ninety days. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Capital One Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC acquired a new stake in Capital One Financial during the 2nd quarter worth approximately $134,000. Farther Finance Advisors LLC lifted its holdings in shares of Capital One Financial by 20.0% during the second quarter. Farther Finance Advisors LLC now owns 2,421 shares of the financial services provider’s stock worth $338,000 after purchasing an additional 404 shares during the period. Aptus Capital Advisors LLC grew its position in Capital One Financial by 12.0% in the 2nd quarter. Aptus Capital Advisors LLC now owns 4,768 shares of the financial services provider’s stock valued at $660,000 after buying an additional 510 shares during the last quarter. Essex Financial Services Inc. increased its stake in Capital One Financial by 21.9% in the 2nd quarter. Essex Financial Services Inc. now owns 1,652 shares of the financial services provider’s stock valued at $229,000 after buying an additional 297 shares during the period. Finally, Summit Financial LLC raised its position in Capital One Financial by 191.7% during the 2nd quarter. Summit Financial LLC now owns 4,440 shares of the financial services provider’s stock worth $615,000 after buying an additional 2,918 shares during the last quarter. 89.84% of the stock is owned by hedge funds and other institutional investors.

Capital One Financial Company Profile

(Get Free Report)

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Further Reading

Receive News & Ratings for Capital One Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital One Financial and related companies with MarketBeat.com's FREE daily email newsletter.